What Seraphyre said.
Additionally, an unexpected consequence of this is RMT would probably go UP with a system in place to trade characters easily and safely.
They would trade real money outside the system, then offer their character up for a low PP cost.
It's also against the spirit of the game being able to just buy characters with no effort.

We did. You were banned for owning a rein-hacked item, which is against the rules.
http://forum.celestialuna.com/index.php/forum-7/announcement-10-server-and-forum-rules/
Even if we were to just delete the item, the fact remains that you benefited from breaking the rules.
The fact that the account was banned over a year ago means we can't investigate further.
Unfortunately for you, we do not un-ban accounts.
Do not make further posts on the subject.
If you wish to argue more, do so over Private messages but we will not reverse this decision.

No, I don't think so.
This is in fact the SECOND time you've been banned for the exact same reason.
This ban 2014:
Last ban 2012:
EVEN if we believed you, you allowed the rules to be broken on your account and will be held accountable.
Your ban will NOT be reversed.